Gambling News
Philadelphia Mobster Wanted Frank Sinatra Dead
A high profile Mob trial began last Thursday in Philadelphia and on Monday we learn that reputed Mob 'boss' Joseph Ligambi wanted crooner Frank Sinatra dead for insulting him at a concert.
Ligambi is charged with illegal gambling and extortion.
Greg Raymer Wins Heartland Poker Tour Triple Crown
Stop us if you’ve heard this before: Greg “Fossilman” Raymer won an HPT championship today. The 2004 World Series of Poker Main Event Champion is on a roll in the Heartland. For the third time in three months, the poker icon from Raleigh, North Carolina found himself on the set of Heartland Poker Tour’s nationally-syndicated TV show. Appropriately, he earned his triple crown at Prairie Meadows Racetrack Casino Hotel just outside of Des Moines in Altoona, Iowa.
Latest US Presidential Betting Odds
The latest odds for the US Presidential race as of October 22, 2012 had President Barack Obama paying $10 for every $16.50 bet with a win (the $16.50 is refunded with a win). GOP nominee Mitt Romney would pay out $14.50 for every $10 bet. All odds courtesy of Sportsbook.com here
EU Unveils Online Gambling Mission
The European Union on Monday unveiled plans to improve safeguards for money laundering activities via online gambling websites.
The EU mission also looks to prevent match fixing while protecting players against fraud.
From Bloomberg News:
Stratosphere Owners Will Have Online Poker Live by December
In an exclusive interview with Alec Driscoll, Director of Gaming Development for American Casino & Entertainment Properties, it was revealed that the established casino operator’s free online poker site should go live by December.
Reid-Kyl Internet Poker Bill Removes Player Punishment Language
Players will not be penalized for playing with offshore Internet poker rooms after all.
William Hill Online Poker Revenue Down
William Hill, the United Kingdom’s largest bookmaker, reported net poker revenue down 24 percent in the third quarter of 2012. Hill’s online poker platform is tied to Playtech and its iPoker Network, the 2nd most trafficked in the world.
The change is significant compared to last year during the same period.
Sportsbook turnover, on the other hand, was up 27 percent while the casino grew by 2 percent. Bingo was up 6 percent.
Eric Drache and Brian ‘Sailor’ Roberts Inducted Into Poker Hall of Fame
The Poker Hall of Fame has inducted two new members: Eric Drache and Brian “Sailor” Roberts. They become the 43rd and 44th members, respectively.
The pair were nominated by the public with a final decision made by a 36-person panel made up of existing Poker Hall of Famers along with members of the media.
Roberts won the World Series of Poker $10,000 buy-in No Limit Hold’em World Championship in 1975. He was one of three members of the “Texas Road Gamblers” that also included the late Amarillo Slim and Doyle Brunson. Roberts passed away in 1995.
Reid Kyl Online Poker Bill Revealed – All 73 Pages
Everybody has been anxiously awaiting the much ballyhooed Harry Reid/Jon Kyl bill that would ultimately legalize online poker at the federal level in the United States. Quadjacks.com has uncovered the bill in its entirety, 73 pages (see below).
Title: To prohibit Internet gambling, to regulate online poker, to provide consumer protections, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
Cake Poker Battle of Malta $2,500 Up for Grabs
Cake Poker is giving away prize packages for the Battle of Malta main event with a $2500 package up for grabs.
Lawyer: Philly Mob Case Defendants are 'Victims'
PHILADELPHIA -- (Associated Press) - The racketeering case against the reputed boss of the Philadelphia mob and six co-defendants is based on half-truths and fabrications from cooperating witnesses, a defense attorney said in opening statements Thursday at the federal trial.
US Poker Player Matthew Weber Wins 2012 Punta Cana Poker Classic
Following wins by two Canadians over the first two seasons of the famed Punta Cana Poker Classic, US poker player Matthew Weber walked away with the victory this go-around.
Illegal’ Family Gambling Exploits Raised During Tierney, Tisei Debate
BOSTON (Associated Press) — Democratic U.S. Rep. John Tierney and his Republican challenger Richard Tisei butted heads on health care, gun control and the controversy surrounding the illegal gambling business operated by Tierney's brothers-in-law in a feisty televised debate.
The two candidates in Massachusetts 6th Congressional District tossed charges and countercharges in the 25-minute match Thursday on NECN.
Lose a Bet, Rob a Walmart
A Tennessee couple have been charged with robbing a Walmart after Brandon Lee Henry lost a bet on his beloved Vols. The girlfriend assisted in stealing $756 worth of goods to pay off the $150 lost bet (fuzzy math, we know).
Romney Now With 1 to 6 Odds of Winning North Carolina: 6 to 1 Dog in Michigan
GOP US Presidential candidate Mitt Romney is reportedly pulling out of North Carolina under the premise that they have essentially won the state. Oddsmakers and gamblers seem to agree with odds now at 1/6 at Sportsbook.com. In the world of odds, this is essentially a “lock”.
MGM to Develop New Casino in Macau
HONG KONG - (Associated Press) — The Chinese arm of U.S. casino company MGM Resorts International signed a land deal Thursday for a new $2.5 billion casino resort in Macau, the world's biggest gambling market, hoping to catch up with the rapid expansion of rival casino operators.
MGM China Holdings Ltd. said it formally accepted a long-awaited land concession contract from the Macau government for a 7.2 hectare (17.7 acre) plot in the Cotai district, an area of reclaimed land that's earmarked for all new casinos in the Asian gambling haven.
Isaac Haxton Joins Team PokerStars
One of the poker world’s smartest, most successful and fearless young talents, Isaac ‘philivey2694’ Haxton has joined PokerStars as the latest member of Team Online. The high stakes pro, who is one of the best known players never to have represented a poker site, has chosen to make PokerStars his home because he believes in what the world’s most popular poker site represents.
South Point Poker Real Money Launch Delayed
Testing delays and ongoing negotiations with Nevada regulators may result in South Point Poker pushing its launch date to December or, quite possibly, the start of the new year.
South Point had hoped to be the first to launch its real money online poker site in the newly regulated Nevada market. South Point Poker will be operated by the South Point Hotel and Casino in Las Vegas.
Three other Web poker ventures are vying to get a much needed jumpstart including rival Station Casinos.
Olympics and Cancelled Horse Races Hurt Ladbrokes Bottom Line
(Reuters) - Blanket Olympic television coverage and canceled horse races in a soggy summer reduced the sums gambled in British betting shops, bookmaker Ladbrokes Plc said on Thursday.
The Olympics in London were hugely popular with Britons but this did not translate into a surge in business for bookmakers, as many of the sports in the Games do not attract large numbers of gamblers.
Philadelphia Mobsters Go on Trial Thursday
Opening arguments will begin Thursday in the racketeering trial of reputed mob boss Joseph “Uncle Joe” Ligambi and six others. The trial is expected to last for up to 12 weeks.
A final group of alternative jurors were selected on Wednesday.
From the Philadelphia Inquirer:
Poker Maximus III Announced for November
Poker Maximus III is coming this November.
A full schedule of the uber popular online tournament will be announced shortly. As always, Carbon Poker players will be able to participate in Poker Maximus III
Shares in 888 Holdings Up 18 Per Cent Wednesday
Shares in the world’s 4th largest real money online poker provider, 888 Poker, rose 18 per cent on Wednesday, up to 109p.
The Financial News reports that 888 Holdings revenue in the past three months has risen 7 per cent to $92m, compared with the same period last year. Must of this is the result of a 21 per cent rise in poker revenue to $22m. The company has witnessed strong results in Spain.
Christie Spokesperson Elaborates Further With Response to NCAA Pullout
“Ludicrous,” is what a Governor Chris Christie spokesperson called the decision by the NCAA late Monday to pull 2013 championship games out of New Jersey. The NCAA objects to the state’s intentions to allow legalized sports betting.
Zynga’s Move Into Mobile Not Exactly Smooth
SAN FRANCISCO - (Reuters) - Zynga Inc's inexorable decline over the past six months, capped by a sharp reduction in its 2012 outlook on Thursday, has sharpened interest in what Chief Executive Mark Pincus will do next.
Wall Street's excitement over a game publisher once counted among the stars of the new social Internet has cooled since its December initial public offering. On Friday, analysts slashed their price targets on a stock that dived as much as 22 percent, to $2.21 - more than three-quarters off its $10 debut.
Binders Full of Women and the Latest Romney-Obama Post-Debate Odds
The media pundits seem to believe that US President Barack Obama won the second Presidential debate but the public reaction to a comment made by GOP nominee and former Massachusetts Governor Mitt Romney has been astronomical on Twitter, that being “Binders Full of Women”. (note: There is even a “Binders Full of Women” Facebook page).
Barcode Tops The High Stakes Online Poker Weekly Charts a Second Straight Week
An unidentified Canadian online poker player who goes by the handle of “Barcode” has topped the high stakes charts once again.
Play online poker for FREE or REAL CASH... First deposit bonus up to $1000.
Bitcoin for Online Poker: The Future is Almost Now
Gambling911.com had an opportunity recently to speak to Bryan Micon, who, as we come to find out, now lives and breathes bitcoins and the opportunity to use this new and anonymous online currency to play online poker.
Yes, it’s scary to some. But it’s not nearly as complicated as one might believe….at least not when it comes to the user (that being the poker player).
The main thing players want to know is how to send and receive “real money”…not the virtual stuff that many might equate with Bitcoins.
Christie, Brennan React to NCAA Pulling Games Out of New Jersey: ‘Ludicrous’
New Jersey Governor Chris Christie did not mince words Tuesday when he referred to the NCAA’s decision to pull some championship games out of the Garden State as “ludicrous”.
The NCAA is reacting to New Jersey’s decision to move forward with legalizing sports betting in the state. It will begin accepting application from potential operators on January 6.
New Ruling on Mass. Gambling Tribe
BOSTON, Mass. (Associated Press) - Gov. Deval Patrick calls "very frustrating" the federal government's rejection of a casino compact the state had reached with the Mashpee Wampanoag tribe.
Patrick told reporters on Monday that he planned to reopen negotiations with the tribe but offered no timetable on when a revised compact might be completed.
NJ Schools Express Outrage Over NCAA Decision to Pull Games
New Jersey school officials were fast to react to the NCAA’s decision to pull scheduled championship games because of the state’s pursuit of sports betting.
